Located in the heart of the revitalized downtown Waterville, this property presents many unique opportunities for the savvy investor. New roof shingles were installed in 2023, but the rest of the building needs significant renovation and repairs. Zoned in Commercial A which does allow for residential use as well.
Closed
$39,900
8 Spring Street, Waterville, ME 04901
1beds
500sqft
Single Family Residence
Built in 1930
1,306.8 Square Feet Lot
$41,300 Zestimate®
$80/sqft
$1,146 Estimated rent
Home value
$41,300
$32,000 - $54,000
$1,146/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 10, 2025 at 07:18am
Listed by:
EXP Realty
Bought with:
Strategic Real Estate Services
Source: Maine Listings,MLS#: 1619694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Second
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- None
Cooling
- None
Features
- Flooring: Carpet, Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 500
- Total interior livable area: 500 sqft
- Finished area above ground: 500
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, No Driveway, 1 - 4 Spaces
Features
- Levels: Multi/Split
Lot
- Size: 1,306 sqft
- Features: City Lot, Near Shopping, Level, Open Lot
Details
- Parcel number: WAVLM044B158
- Zoning: CA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard, Vinyl Siding
- Foundation: Block
- Roof: Pitched,Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: Other Electric
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waterville
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Sold | $39,900$80/sqft |
Source:  Maine Listings #1619694 | ||
| 6/3/2025 | Pending sale | $39,900$80/sqft |
Source: Maine Listings #1619694 | ||
| 5/23/2025 | Contingent | $39,900$80/sqft |
Source: Maine Listings #1619694 | ||
| 4/30/2025 | Price change | $39,900-20%$80/sqft |
Source: Maine Listings #1619694 | ||
| 4/21/2025 | Listed for sale | $49,900$100/sqft |
Source: Maine Listings #1619694 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $656 +0.5% | $32,800 |
| 2023 | $653 +8.5% | $32,800 +40.8% |
| 2022 | $602 +1.3% | $23,300 |
Find assessor info on the county website
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 5/10Albert S Hall SchoolGrades: 4-5Distance: 0.2 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 0.5 mi